Stocks Shrug Off Monday's Slide

2/5/2013 4:32PM

U.S. stocks snapped back from a day-earlier tumble, led by technology shares, as investors eyed corporate earnings and steady economic readings in the U.S. and Europe. Alexandra Scaggs reports on Markets Hub. Photo: AP.

This transcript has been automatically generated and may not be 100% accurate.

... the the ... state live I'm Simon console that is the Dow ... two of its locally and according to bank the Nasdaq the tech heavy in the subway out and the SB five hundred people an index so ... will we have some breaking news now can make using them reported to ... want to send the show running sending hadn't been expected to be loss of three cents a share on revenue paid to the top three hundred million ... dollars in the third quarter revenue as against expectations of two hundred and twelve million ... leverage on the Alexandra Scaggs at all what ... else happens in the markets about taxes and I'm so that was the MP Kaspersky was surprising is that spending in that span the center of all I can understand ... the show ... yes that's pretty bad in recent months but it was suppose to post a loss ... when China let it yet exactly ... which is kind of funny because this morning and think America analysts upgraded the shares two notches saying that they thought it was probably didn't beat estimates climbing on the revenue was fifty percent of the future says it is never quite quite phenomenal app now what one else has been going on ... so we've really seen the kind of wild February so far for stocks in the nicest looking today ... and the first three trading sessions of the year of Benetton and ninety nine today was the lowest know that it's happened ... and other not the person triple digit moves every single day these are people to find another sign of Ascena Europe began ... what really seen a chalet on Sept yesterday and ... I think that people are generally pretty optimistic about stocks but yesterday just kind of a Supreme moment of panic just now have we gone too far we bought two nights ... well I mean when everyone is remember is that you know you best of all homes on the thing about this for a minute ... that down in its frontline say exactly exactly it's it's a it's funny since taking a lot ... and I think overall we've moved about thirty points total since Friday ... in that time it's been like it's two hundred and fifty point move just because yesterday was such a big swing down a bit I mean isn't in the survey was in the red for most the times in the rain I mean is it is quite phenomenal but not the other ... banks were expecting a visit Disney right ... and the units that were expecting seventy six cents a share things and to ... Pelham one two billion in net revenues OBC that's important in the PC era ... and also after the Super Bowl I mean candy that I mean I think ESPN is one of the big moneymakers for them ... how they do very well to ... palm some will be an expression of that we will settle Services faces that night and mobile services sector which is the biggest such an economy that was not as good as was expected yet yet I mean I think that gay people out of the contest ... but the overwhelming anti and that seems to be that we're getting better ... just maybe not that that's ... the after a nineteen percent and I'm not presenting many men playing a game in the Dow Jones which was my ... sister's thank you Brian much ... of the snacks of debt as it was ... read more on the markets of this Datacom